Skip to main content
Livermore
Livermore
ZHEN

Lincoln Capital LLC

SEC CIK
0001633862
Latest filing
Jul 7, 2026

The latest 13F from Lincoln Capital LLC covers Q2 2026 (filed Jul 7, 2026): 137 long positions worth $562.0M. The top 10 holdings make up 55.2% of the portfolio, and the largest is Alphabet Inc. (GOOGL) at 9.6%. Livermore has 22 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
6
Est. +$1.60M
Added
35
Est. +$5.03M
Reduced
64
Est. −$10.2M
Sold out
4
Est. −$1.09M

Top 5 holdings

Share of this quarter's portfolio value

  1. GOOGLAlphabet Inc.
    9.6%$54.2MHistory
  2. BRK.BBerkshire Hathaway Inc
    8.9%$50.2MHistory
  3. BRK.ABerkshire Hathaway Inc
    7.3%$41.2MHistory
  4. MKLMarkel Group Inc.
    6.2%$34.9MHistory
  5. COSTCostco Wholesale Corp
    5.7%$32.0MHistory

Biggest buys

New and added positions, by estimated amount bought

  1. DHRDanaher Corp
    +$1.25MAddedHistory
  2. FWONKLiberty Media Corp
    +$523.3KAddedHistory
  3. Capital Group Dividend Growe14021L109
    +$452.2KAdded
  4. Capital Grp Fixed Incm ETF T14020Y300
    +$345.7KNew
  5. Capital Group Dividend Value14020W106
    +$345.7KAdded

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. AMATApplied Materials Inc
    +0.29 pp0.3% → 0.6%History
  2. AAPLApple Inc.
    +0.21 pp2.7% → 2.9%History
  3. HGTYHagerty, Inc.
    +0.17 pp1.9% → 2.1%History
  4. FWONKLiberty Media Corp
    +0.16 pp1.3% → 1.4%History
  5. Capital Group Growth ETF14020G101
    +0.11 pp0.5% → 0.6%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. GOOGLAlphabet Inc.
    −$910.2KReducedHistory
  2. BRK.BBerkshire Hathaway Inc
    −$803.1KReducedHistory
  3. MAMastercard Inc
    −$628.1KReducedHistory
  4. MKLMarkel Group Inc.
    −$623.0KReducedHistory
  5. AMZNAmazon Com Inc
    −$452.4KReducedHistory

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. COSTCostco Wholesale Corp
    −0.83 pp6.5% → 5.7%History
  2. MCDMcDonalds Corp
    −0.41 pp1.9% → 1.5%History
  3. MKLMarkel Group Inc.
    −0.39 pp6.6% → 6.2%History
  4. BRK.BBerkshire Hathaway Inc
    −0.32 pp9.2% → 8.9%History
  5. MAMastercard Inc
    −0.31 pp5.6% → 5.3%History

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$562.0M
+$34.2M (+6.5%) vs. prior quarter
Positions
137
+2 vs. prior quarter
Top 10 concentration
55.2%
Top 10 as share of value
Turnover
1.2%
Q2 2026, one quarter
Average holding period
20.3 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $562.0M (Q2 2026)

Q1 2021: $320.1MQ2 2021: $356.8MQ3 2021: $367.8MQ4 2021: $404.4MQ1 2022: $426.9MQ2 2022: $355.6MQ3 2022: $321.4MQ4 2022: $347.0MQ1 2023: $363.6MQ2 2023: $388.5MQ3 2023: $381.0MQ4 2023: $410.3MQ1 2024: $449.4MQ2 2024: $448.1MQ3 2024: $472.8MQ4 2024: $475.7MQ1 2025: $478.9MQ2 2025: $519.7MQ3 2025: $533.8MQ4 2025: $551.8MQ1 2026: $527.8MQ2 2026: $562.0M
Q1 2021Q2 2026
13F filings of Lincoln Capital LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 7, 2026137$562.0MGOOGLBRK.BBRK.Avs. Q1 2026SEC
Q1 2026May 1, 2026135$527.8MBRK.BGOOGLBRK.Avs. Q4 2025SEC
Q4 2025Jan 8, 2026131$551.8MGOOGLBRK.BBRK.Avs. Q3 2025SEC
Q3 2025Nov 5, 2025124$533.8MBRK.BBRK.AGOOGLvs. Q2 2025SEC
Q2 2025Jul 11, 2025123$519.7MBRK.BBRK.AMKLvs. Q1 2025SEC
Q1 2025May 13, 2025117$478.9MBRK.BBRK.ACOSTvs. Q4 2024SEC
Q4 2024Jan 16, 2025116$475.7MBRK.BBRK.ACOSTvs. Q3 2024SEC
Q3 2024Nov 1, 2024112$472.8MBRK.BBRK.ACOSTvs. Q2 2024SEC
Q2 2024Jul 23, 2024109$448.1MBRK.BBRK.ACOSTvs. Q1 2024SEC
Q1 2024Apr 16, 2024111$449.4MBRK.BBRK.AMAvs. Q4 2023SEC
Q4 2023Jan 10, 2024109$410.3MBRK.BBRK.AMAvs. Q3 2023SEC
Q3 2023Oct 11, 2023105$381.0MBRK.BBRK.AMKLvs. Q2 2023SEC
Q2 2023Aug 4, 2023105$388.5MBRK.BBRK.AMAvs. Q1 2023SEC
Q1 2023Apr 27, 2023103$363.6MBRK.BBRK.AMAvs. Q4 2022SEC
Q4 2022Jan 19, 2023101$347.0MBRK.BBRK.AMKLvs. Q3 2022SEC
Q3 2022Oct 26, 202298$321.4MBRK.BBRK.ADHRvs. Q2 2022SEC
Q2 2022Jul 20, 2022103$355.6MBRK.ABRK.BMKLvs. Q1 2022SEC
Q1 2022May 5, 2022111$426.9MBRK.ABRK.BMKLvs. Q4 2021SEC
Q4 2021Jan 18, 2022106$404.4MBRK.ABRK.BDHRvs. Q3 2021SEC
Q3 2021Oct 13, 202199$367.8MBRK.ABRK.BDHRvs. Q2 2021SEC
Q2 2021Jul 14, 202195$356.8MBRK.BMABRK.Avs. Q1 2021SEC
Q1 2021May 13, 202189$320.1MBRK.BMABRK.A–SEC